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Banking on the growth of the art market

This content was published on Jun 10, 2007 UBS is the main sponsor of Art Basel, the world’s leading modern and contemporary art fair, which opens on Wednesday. The art market underwent a huge boom last year – it is estimated to have grown by 25 per cent – and the boom is expected to continue. In May sales at Christie’s and Sotheby’s…

Basel celebrates TGV link with Paris

This content was published on Jun 9, 2007 The Swiss city, which borders both Germany and France, also celebrated on Saturday the opening of the northern ring road as well as 100 years of the federal railways’ station in Basel. Moritz Leuenberger, who holds the transport portfolio, praised the new TGV (train à grande vitesse) line as the faster alternative to flying between…

New financial watchdog gets green light

This content was published on Jun 8, 2007 But the Federal Financial Market Supervisory Authority (Finma) will be delayed for a year and has been criticised in some quarters for lacking full autonomy from government. Finma will finally group together the regulatory work of the Federal Banking Commission, the Federal Office of Private Insurance and the Money Laundering Control Authority at the beginning…

Space is for everyone, astronaut says

This content was published on Jun 7, 2007 In a wide-ranging interview, Nicollier also expresses confidence that Europe’s satellite navigation system, Galileo, will go ahead despite funding and scheduling problems. Switzerland has contributed around €30 million (SFr49.5 million) and a Swiss company is providing atomic clocks for the project that will rival the US-run Global Positioning System (GPS). The launch date for the…

Swiss help solve iceman death mystery

This content was published on Jun 6, 2007 The scientists, including Frank Rühli from Zurich University, used modern X-ray based technology to show that Ötzi died from a lesion to an artery near the shoulder, caused by an arrowhead. Ötzi’s mummified body was found in the melting ice of the Schnalstal glacier in the Italian Alps in 1991. He has since undergone many…

IMF offers advice on Swiss financial stability

This content was published on Jun 4, 2007 The recommendation is contained in an IMF assessment update on Switzerland’s financial system stability, published on Monday. In particular, the IMF said there was scope to strengthen the draft act on establishing the planned Financial Market Supervisory Authority (Finma). Finma, which is aimed at unifying supervision of banking, insurance, securities and anti-money laundering, is due…

Swiss unearth their geological secrets

This content was published on Jun 4, 2007 In a series of events at the beginning of June entitled “Living Geology”, geologists all over Switzerland shared their knowledge and their passion with the public in lectures, exhibitions and excursions. Around 10,000 people took part. “The mountains are regarded as a symbol of stability, but geologically speaking, nothing could be further from the truth,”…

“Swiss economy benefits from Swiss franc”

This content was published on Jun 3, 2007 Jean-Pierre Roth told swissinfo that as a currency that is independent of the euro, the franc enables Switzerland to carry out a flexible economic policy. The Swiss National Bank is this year celebrating its 100th anniversary. swissinfo: What has fundamentally changed in recent years on the Swiss currency and economic front to explain why the…

Court strikes down Obwalden tax break for rich

This content was published on Jun 1, 2007 The country’s highest court said on Friday that degressive income taxes ran counter to constitutional measures designed to ensure taxation according to economic performance. The ruling comes as Switzerland is involved in a separate tax disagreement with the European Union over its low corporate tax rates. Obwalden had adopted a degressive income tax system which…

Gotthard history

This content was published on Jun 1, 2007

Internal: Archive

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Banking on the growth of the art market

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Basel celebrates TGV link with Paris

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New financial watchdog gets green light

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Space is for everyone, astronaut says

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Swiss help solve iceman death mystery

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IMF offers advice on Swiss financial stability

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Swiss unearth their geological secrets

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“Swiss economy benefits from Swiss franc”

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Court strikes down Obwalden tax break for rich

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Gotthard history

Popular Stories

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